The CBI on Tuesday booked Videocon group Chairman Venugopal Dhoot for alleged corruption in the financing of their oil and gas assets in Mozambique in connivance with unidentified officials of a State Bank of India-led consortium, officials said.
The agency has registered the FIR after a preliminary enquiry on a complaint from the Oil Ministry.
The enquiry findings show that in 2008 Videocon Hydrocarbons Holding Ltd (VHHL), a subsidiary of the Videocon Industries Limited (VIL), acquired 10 per cent “participating interest” in Oil and Gas Block in Rovuma Area 1 block, Mozambique, from the US-based Anadarko.
The Mozambique asset was later acquired by ONGC Videsh Limited and Oil India Limited in January, 2014, for USD 2,519 million, they said.
